Rabobank flags rising global dairy prices, warns of downside risks ahead
While global dairy commodity prices continue to climb in most key exporting countries, the second half of the year is expected to bring increased downside risks.
Rabobank's regional manager for Australia and New Zealand, Mark Wiessing, is joining the bank's NZ board.
He replaces Lara Yocarini, who is stepping down after more than three years on the Rabobank New Zealand board.
Subject to regulatory approval, Yocarini has taken up a new role as chief executive officer of Rabobank's global asset finance subsidiary De Lage Landen (DLL). She will also be a member of Rabobank's managing board. Wiessing had more than 30 years' international experience in the financial sector, including postings in South America, Africa, Asia and Eastern Europe.
He joined Rabobank in 2006 and was regional manager South America and chief executive officer for Brazil for eight years prior to his appointment as regional manager for Rabobank Australia and New Zealand in May 2023.
Before joining Rabobank, Wiessing held roles with other leading financial institutions, including Standard Bank of South Africa, Citibank and ING.
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
Following heavy rain which caused flooding in parts of Nelson-Tasman and sewerage overflows in Marlborough, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging homeowners and tenants to be cautious when cleaning up and to take the right steps to support claims.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
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